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Babylon 11702 Babylon
45 Lighthouse Road
$950,000
● House - Off Market

45 Lighthouse Road

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,224 Ft²
$6,512
Est. Monthly
4.66%
Cap Rate

About This Property

Elevated in 2013 this High & Dry multi-level residence has enjoyed a complete renovation. Enjoy the benefits of Geothermal heat and Solar electric. The pool is also heated by solar. Enjoy L-O-W utility bills. L-O-W Annual Flood Insurance at $ 1,263. Close enough to the Great South Bay for easy access, yet far enough away to keep your boat well protected., Additional information: Appearance:SUPER,Green Features:Insulated Doors,Separate Hotwater Heater:Y
Unit Size
2,224 Ft²
Days on Market
230 days
Land Size
0.22 acres
Price per sqft
$444
Property Type
House
Property Taxes
$1,662
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (OneKey MLS #KEYL3574068)

Price History

Date / Event Date Event Price
Apr 9, 2025 Sold
Premium
Sold
Jan 25, 2025 In contract -
In contract
Jan 10, 2025 Relisted $987,654
Relisted
Dec 11, 2024 In contract -
In contract
Aug 22, 2024 Listed by Netter Real Estate Inc $987,654
Listed by Netter Real Estate Inc
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,775
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 685 LOTS S10' 16 17 -19 INC

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124602

Geography

  • Account Number: 20230413790
  • District: 0102-0
  • Section: 22.00
  • Parcel: 0102-022.00-01.00-001.000
  • Block: 1
  • Lot: 1.000
  • Municipality: BABYLON
  • Latitude: 40.684
  • Longitude: -73.3212

    Address

  • Full Address: 45 Lighthouse Rd
  • Address - House Number: 45
  • Address - Street Name: Lighthouse
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Babylon
  • Carrier Code: C005
  • 4-Digit Zip Code: 4305
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,928,707
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 942,439
  • High Value: 1,159,247
  • Low Value: 725,631

    Market Valuation

  • Market Total Value: $328,491
  • Market Land Value: $41,899
  • Market Improvement Value: $286,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,880
  • Assessed Land Value: $750
  • Assessed Improvements Value: $5,130

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2001
  • Current Sale Recording Date: Apr 10, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Mar 23, 2001
  • Previous Sale Contract Date: Feb 16, 2001
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Babylon

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$506

Below Asking

0.01%

Average Days on Market

82

Average Home Size

1785 ft²

Average Home Age

65.5 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11 Pratt Street, West Babylon, NY, 11704

$4,800 /mo

  • 4 Beds
  • 3 Baths
11 Pratt Street, West Babylon, NY, 11704 Listing by Linda Lugo CRS CRB CIPS E-PRO SRES

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 45 Lighthouse Road built and last sold?
The property at 45 Lighthouse Road was built in 1955 and last sold on Mar 29, 2001 for $246,000.
How much is this home worth?
The estimated value of the home located at 45 Lighthouse Road is $0.
What are some comparable homes to 45 Lighthouse Road?
There are currently no comparable homes to 45 Lighthouse Road.
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